Blade Air Mobility, Inc. (BLDE)

NASDAQ: BLDE · IEX Real-Time Price · USD
2.860
+0.220 (8.33%)
At close: Mar 27, 2024, 4:00 PM
2.930
+0.070 (2.45%)
After-hours: Mar 27, 2024, 7:54 PM EDT

Total Valuation

BLDE has a market cap or net worth of $215.74 million. The enterprise value is $72.98 million.

Market Cap 215.74M
Enterprise Value 72.98M

Important Dates

The last earnings date was Tuesday, March 12, 2024, before market open.

Earnings Date Mar 12, 2024
Ex-Dividend Date n/a

Share Statistics

BLDE has 75.43 million shares outstanding. The number of shares has increased by 3.21% in one year.

Shares Outstanding 75.43M
Shares Change (YoY) +3.21%
Shares Change (QoQ) -7.70%
Owned by Insiders (%) 11.49%
Owned by Institutions (%) 65.42%
Float 45.25M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.96
Forward PS 0.87
PB Ratio 0.92
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.32
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 5.81, with a Debt / Equity ratio of 0.10.

Current Ratio 5.81
Quick Ratio 5.31
Debt / Equity 0.10
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -21.80% and return on invested capital (ROIC) is -26.32%.

Return on Equity (ROE) -21.80%
Return on Assets (ROA) -17.90%
Return on Capital (ROIC) -26.32%
Revenue Per Employee $974,805
Profits Per Employee -$242,753
Employee Count 231
Asset Turnover 0.72
Inventory Turnover n/a

Taxes

Income Tax -1.47M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -10.90% in the last 52 weeks. The beta is -0.21, so BLDE's price volatility has been lower than the market average.

Beta (1Y) -0.21
52-Week Price Change -10.90%
50-Day Moving Average 3.09
200-Day Moving Average 3.21
Relative Strength Index (RSI) 47.02
Average Volume (30 Days) 787,534

Short Selling Information

The latest short interest is 3.00 million, so 3.98% of the outstanding shares have been sold short.

Short Interest 3.00M
Short Previous Month 2.62M
Short % of Shares Out 3.98%
Short % of Float 6.64%
Short Ratio (days to cover) 5.11

Income Statement

In the last 12 months, BLDE had revenue of $225.18 million and -$56.08 million in losses. Loss per share was -$0.76.

Revenue 225.18M
Gross Profit 42.12M
Operating Income -68.12M
Pretax Income -57.54M
Net Income -56.08M
EBITDA -50.43M
EBIT -57.54M
Loss Per Share -$0.76
Full Income Statement

Balance Sheet

The company has $167.29 million in cash and $24.53 million in debt, giving a net cash position of $142.76 million or $1.89 per share.

Cash & Cash Equivalents 167.29M
Total Debt 24.53M
Net Cash 142.76M
Net Cash Per Share $1.89
Equity / Book Value 234.30M
Book Value Per Share 3.11
Working Capital 170.77M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$32.35 million and capital expenditures -$1.97 million, giving a free cash flow of -$34.32 million.

Operating Cash Flow -32.35M
Capital Expenditures -1.97M
Free Cash Flow -34.32M
FCF Per Share -$0.47
Full Cash Flow Statement

Margins

Gross margin is 18.71%, with operating and profit margins of -30.25% and -24.90%.

Gross Margin 18.71%
Operating Margin -30.25%
Pretax Margin -25.55%
Profit Margin -24.90%
EBITDA Margin -22.40%
EBIT Margin -25.55%
FCF Margin -15.24%

Dividends & Yields

BLDE does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -3.21%
Shareholder Yield -3.21%
Earnings Yield -25.99%
FCF Yield -15.91%

Analyst Forecast

The average price target for BLDE is $8.50, which is 197.20% higher than the current price. The consensus rating is "Strong Buy".

Price Target $8.50
Price Target Difference 197.20%
Analyst Consensus Strong Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

BLDE has an Altman Z-Score of 2.19 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.19
Piotroski F-Score 3